A Liechtenstein-backed foundation borrows the discipline of venture capital and gives it a longer clock. Its real investment is in the organisations that make good ideas survive.

Gustavo Rodriguez knew how to read a deal. Becoming a father taught him that the harder problem was turning a mountain of child-development research into one useful thing a tired parent could do next.
BabySparks reached millions of parents on a shoestring, then discovered its data-heavy fundraising pitch was the thing holding it back. The fix was not another chart - it was a better story.